Job Description

Who is our client and your future employer?

Ranked among the world\xe2\x80\x99s largest petrochemicals manufacturers, it is a public company based in Riyadh, Saudi Arabia. With operations in around 50 countries, The Company has a global workforce of over 31,000 talented individuals. The company operates through three strategic Business Units - Petrochemicals, Agri-Nutrients and Specialties. They support customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, Agri-nutrients, electrical and electronics, transportation, and clean energy. The company\xe2\x80\x99s manufacturing, sales, technology, and innovation facilities are located throughout the globe and are managed by four regional offices: the Middle East and Africa, Asia, the Americas, and Europe. The Company invests heavily in Technology and Innovation (T&I). The T&I facilities are spread across the globe with hundreds of dedicated scientists contributing to the ongoing development of new patents and certifications.

LHR Americas

The job opportunity you have long waited for. LHR Americas recruit people from around the world to work in Saudi Arabia.

Who are we looking for?

We are looking for a Sr. Specialist, Business Case Development & Economics Model who will be in charge of developing Business cases (i.e. Strategic & Market Assessment, Techno Economic assessment and modeling, Risk Analysis & Modeling, .etc.) essential to facilitate the decision making by senior leadership in regard of Mega projects Investment Decision and Capital Allocation . This role will be fully involved in various Techno Economic decisions that will have an impact on overall cash flows / economics of the project. The holder of this role is expected to continuously monitoring the business case and seek ways for value creation / optimization . The holder of this role is expected to present the Business Case to various stakeholders such as Steering Committees to facilitate the investment decision making.

Qualifications

• Bachelors degree in business administration, finance, engineering or economics.
• Financial Modelling & Valuation Analyst Certificate, CMA, or similar certificate from accredited institute is preferred
• 8 - 12 years of experience in Business Case Development, Financial Modeling, Financial Planning & Analysis or investment planning, M&A or similar functions in a petrochemicals or industrial organization.
• Very good knowledge of petrochemical industry and working in global organization / environment
• As our client Job Skills guidelines and framework applicable to this Career Line and Grade. Many areas of focus, but here are some highlights: Problem solving, conflict management, negotiation, networking, Management accounting, financial/economics modeling using Excel, ability to understand production process, review & challenge mass balances and the inter-dependencies between existing and new schematics of plants.
• Our client Competency guidelines and framework applicable to this Career Line and Grade:
  
  • Business Acumen
  • Strong stakeholder management, people management and leadership skills
  • Effective communication and presentation skills and ability to influence effectively and to deal with cultural differences
  • Analytical capabilities to conduct meaningful analysis and identify business improvement opportunities
  • Excellent team player and business relationships
  • Objective and fact based business attitude
  • Good knowledge of financial planning and analysis
  • Flexible and willing to adapt to changes with global mindset.

Duties and responsibilities

• Actively participates in various project proposals by scanning / analyzing project inputs from various sources like Project core team members, Business Management, Corporate Finance, Manufacturing & Engineering, Technology Management.
• Takes up the overall ownership of developing Business Case & Financial model that are essential to facilitate the decision making by senior leadership in regard of Investment Decision and Capital Allocation.
• Participates in negotiations on Feedstock pricing, Marketing principles, JV principles and guides the Project team explaining the impact of these decisions on Project cash flows and economics.
• Constantly looks into various risks along with its mitigation plan and if necessary translates these risks into financial numbers in the overall evaluation of projects.
• Participates along with other project team in the discussions relating to selection of technologies, supply chain solutions and every area of project that has an economic and cash flow impact.
• Keeps Management informed at each stage the economics of the project with sensitivity analysis.
  
  • Acts as a gate keeper challenging hundreds of inputs flowing in from different functional teams so that the data is clean as much as possible.
  • Review, challenge, qualify and articulate project proposals ("storyline") and ensure that they are aligned with strategic drivers.
  • Collect, review and cross-check process schematics, mass balance and full project assumptions to ensure that the full picture is robust and that there are no contradictions among various inputs.
  • Conduct Post-Investment-Review to confirm realization of all promised benefits and to report on lessons learned, if any.
• Identifies the critical focus points that has the potential to optimize the value of the project and develop plans in discussion with the core team to achieve the value during business planning phase and project development phase.
• Lead the business case development for brownfield opportunities at early stage by scanning / analyzing inputs from various sources.
• Takes up the overall ownership of Economic model that are essential to facilitate the investement decions by senior leadership.
• Support the execution of opportunities.
• Ensure that the SBU is optimally placed in its understanding of commercial challenges and opportunities.

Which are the benefits you will enjoy if you are selected for this job opening?

This company has the goal to create a team of co-workers who can develop professionally and personally to the fullest. Thus, they are focused on offering them the best. Some of the benefits are:

• You will have the chance to keep developing your professional career in an innovative environment working with the latest technology, the most advanced tools, and the best practices.
• Two years contract, thereafter renewable by mutual agreement annually.
• If you are selected, all expenses associated to the relocation process will be borne by the employer.
• Working hours: 5 days / week (40 hours) \xcd\xbe The normal workdays are Sunday through Thursday, with Friday and Saturday as rest days.
• Competitive base salary
• Benefit for permanency in the company
• Free medical coverage for the employee and wife and four (4) children below 18 years of age who are staying in KSA, in hospitals and clinics designated by the company.
• Annual Paid Vacation: Twenty-two (22) working days equivalent to 30 days (Including Weekends). Twelve (12) working days of official holidays per year.
• Air Tickets: One round trip ticket (economy excursion) per year for employee, his wife and four (4) children below 18 years of age to the point of origin.

THE STAGES OF THIS PROCESS ARE: 1. Resume Evaluation: A member of our recruitment team will evaluate that your resume matches the client\'s job description requirement. Use the job description requirements to highlight your relevant experience and skills. Be specific and describe the significance of your work, keyword alignment is important. Emphasize the impact of the work you\'ve contributed to HR areas and tasks. Use your professional profile/resume to focus on major accomplishments and qualifications that match the job. If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days. If your resume evaluation is not suitable, you will be receiving an e-mail notification in 2-3 days. 2. Interviews stage 2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications. Furthermore, your English level will be evaluated at this stage, ONLY native or advanced speakers will approve this evaluation. If this preliminary phone/video interview is successful, your resume will be submitted to our client. If your preliminary phone/video interview is not successful, our Talent Acquisition consultant will inform you. 2.2 Client Face to Face interview: This interview will happen only if your resume is approved by our client, we cannot guarantee the time our client will take to approve your resume, but it should take less than a week. If your resume is approved a member of the Talent Acquisition Team will get back to you and schedule a face-to-face meeting in a defined location. You will be told to go to the location. The client interview contains technical questions that help assess your familiarity with problem-solving in your given field and may include a behavioral evaluation. Be prepared to explain how you approach problems and produce solutions. If your face-to-face interview is successful, the hiring team will further evaluate your resume, decide, and then receive a conditional job offer. If your face-to-face interview is not approved, LHR Americas will inform you. 2.3 There could be additional video interviews with hiring managers, which may also contain technical questions that help us assess your familiarity with problem-solving in your given field. 3. Conditional Offer A successful interview may result in a conditional offer of employment. Conditions for employment include but are not limited to medical examinations, and permission to secure a visa to work and reside in-country.